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SUPER-RICH
EMPLOYER LOCKS OUT WORKERS
They have it all - and yet still
want more.
The rich and powerful ANSA McAL Group of Companies made $323,000,000 profit in 2002 - the last year of their public accounts. In 2003 they declared an even higher profit.
How sad, then, to see them wasting their shareholders money in locking out workers. But they can afford it.
The 2002 Annual Report of the ANSA McAL Group saw profits increase by 13.7% over the previous year.
"Our earnings per share increased from $1.10 to $1.24, an improvemnt of 12.7%, which exceeded all forcasts" says the Report.
Life was rosy for the shareholder.
In 2002 share prices improved by 38% and with a total dividend of 62 cents per share, "shareholders would have benefited with a 44% return on their investment" boasts the Report.
This page was last updated on 06/07/2004